I don't fundamentally disagree with the article but this is ridiculous:
> People sometimes ask me, “What is the most important concept in political economy?” The answer is easy, but subtle: permissionless innovation, a strong presumption in favor of allowing experimentation with new technologies and with new business platforms that use those technologies.
Surely the ideas of capital, labor, markets, property, etc. are more important concepts in political economy?
> People sometimes ask me, “What is the most important concept in political economy?” The answer is easy, but subtle: permissionless innovation, a strong presumption in favor of allowing experimentation with new technologies and with new business platforms that use those technologies.
Surely the ideas of capital, labor, markets, property, etc. are more important concepts in political economy?